Thread: Blockchain/crypto

Ideally many people read it and get turned off by it.

Originally Posted by Hawgdriver

It's an accurate statement.

Too harsh and pessimistic, obviously one-sided, but accurate.

This very thread has proven it. Basically the number one benefit case brought up by pretty much the whole crypto crowd in here is how they can use it for tax evasion.

its not even close to accurate. tell that to the people in countries whose currency is worthless. tell that to any type of movement in a country like china that has to hide funds from an authoritarian regime.

In fact most "regulations" in the stock market are designed to keep people poor. like the PDT rule.

But hey he "spent 41 days" understanding a currency and the ramifications of it around the world.

Originally Posted by ShaneFalco

its not even close to accurate.

There's (1) a lot of room for fraud, there's also (2) a lot of room for denying tyrants the ability to strip your wealth. Two sides of the same coin man.

Just because the BroncoWaves of the world stick to bullet point (1) doesn't mean it's not true.

There is also a lot of room for fraud in the public securities market, but it's heavily regulated. Just look at all the ongoing SEC actions. All the small time players get popped sooner or later, and even some of the big ones. Not the actual big ones iykwim, but it's more of a gentlemen's club form of fraud--the status quo oligopoly if you will.

Originally Posted by BroncoWave

This very thread has proven it. Basically the number one benefit case brought up by pretty much the whole crypto crowd in here is how they can use it for tax evasion.

What, No!


Dude, since youve been in this thread arguing with us about crypto I have made a little over 3k, doing nothing but arguing with you and others. While you guys got nothing but wadded panties, I got 3k.

Its not a ton of money, but I guarantee you it is a lot more money then you got paid to argue with us here. The worst part is you could have made that same money, maybe a little less, but close.


And please do not give me the whole "derp crypto is down 42%" crap. That is for the peasants who have no idea about crypto. I have said since the beginining that that part is just the teeniest tiniest tip of the iceberg. Just you wait and see my dude. When we finalize the deal with the french banks shit is going to get real real. I can only imagine they are doing as one does in chess. You carefully position all of the different pieces to where they need to be but not drawing any major attention, then all at once strike. That is my guess, because, IMO we should have launched 2 months ago easy. But hey, I am not the smartest nor richest guy at the table, so I defer and watch all of their moves and listen to everything they ask and do not ask. What I do know is even without this company, what I have in the works, with what we did with Mayweather and that Paul kid, that will be the future of marketing. Its already happening on such a small scale with companies like Mobile Monkey and they are highly successful. This is the TD to their Montee Ball. The Peyton Manning to Tim Tebow.

And you can keep coming back to all the posts. You know I wont go anywhere. You also know I will be sure to tell you all how I was right, again. Just like I was about the 3k and Doge and the other smaller coins. I invite you to be skeptical, but please do not narrow me, or any of this, or anyone else, down into one thing like "Tax evasion" Or "Cult followers" Or "Get rich quick schemes". Also, do not forget about influence. Its so strong lolololololol

Originally Posted by Hawgdriver

There's (1) a lot of room for fraud, there's also (2) a lot of room for denying tyrants the ability to strip your wealth. Two sides of the same coin man.

Just because the BroncoWaves of the world stick to bullet point (1) doesn't mean it's not true.

There is also a lot of room for fraud in the public securities market, but it's heavily regulated. Just look at all the ongoing SEC actions. All the small time players get popped sooner or later, and even some of the big ones. Not the actual big ones iykwim, but it's more of a gentlemen's club form of fraud--the status quo oligopoly if you will.

There is a shit ton of fraud! Its ridiculous and because it is so new its soooo easy for them to prey on people. Plus, there is no real reason for any of the authorities to care if people get smashed in the crypto world. It is really bad!

Originally Posted by underrated29

What, No!


Dude, since youve been in this thread arguing with us

...

And you can keep coming back to all the posts. You know I wont go anywhere.

lolololololol

Originally Posted by underrated29

What, No!


Dude, since youve been in this thread arguing with us about crypto I have made a little over 3k, doing nothing but arguing with you and others. While you guys got nothing but wadded panties, I got 3k.

Its not a ton of money, but I guarantee you it is a lot more money then you got paid to argue with us here. The worst part is you could have made that same money, maybe a little less, but close.


And please do not give me the whole "derp crypto is down 42%" crap. That is for the peasants who have no idea about crypto. I have said since the beginining that that part is just the teeniest tiniest tip of the iceberg. Just you wait and see my dude. When we finalize the deal with the french banks shit is going to get real real. I can only imagine they are doing as one does in chess. You carefully position all of the different pieces to where they need to be but not drawing any major attention, then all at once strike. That is my guess, because, IMO we should have launched 2 months ago easy. But hey, I am not the smartest nor richest guy at the table, so I defer and watch all of their moves and listen to everything they ask and do not ask. What I do know is even without this company, what I have in the works, with what we did with Mayweather and that Paul kid, that will be the future of marketing. Its already happening on such a small scale with companies like Mobile Monkey and they are highly successful. This is the TD to their Montee Ball. The Peyton Manning to Tim Tebow.

And you can keep coming back to all the posts. You know I wont go anywhere. You also know I will be sure to tell you all how I was right, again. Just like I was about the 3k and Doge and the other smaller coins. I invite you to be skeptical, but please do not narrow me, or any of this, or anyone else, down into one thing like "Tax evasion" Or "Cult followers" Or "Get rich quick schemes". Also, do not forget about influence. Its so strong lolololololol

I'm happy for you. Doesn't invalidate anything I've posted.

Originally Posted by BroncoWave

I'm happy for you. Doesn't invalidate anything I've posted.

I'm happy for me too
It does not, but that was not the purpose either.

My $$ has become a living breathing monster with Crypto, and it has not made me a fortune (yet) but it has made my money work for me way better than any bank or stock market buy possibly could. I am very optimistic about the future.

Originally Posted by Shazam!

My $$ has become a living breathing monster with Crypto, and it has not made me a fortune (yet) but it has made my money work for me way better than any bank or stock market buy possibly could. I am very optimistic about the future.

I have moved most of my cryptos into % yielding accts, so if I'm holding, at least I'm getting a few points

Originally Posted by wandaruth

Crypto better than stocks?

IMO, yes. If someone was starting to invest, eth and BC, and some major cryptos with actual projects behind them (not meme coins), are great ways to get in

Originally Posted by wandaruth

Crypto better than stocks?

Theyre nice because if you have $100 you can buy that much worth of bitcoin or whatever you choose. Fractional shares. Crypto is very volatile but so far has made a lot of us some good money.

Originally Posted by underrated29

Originally Posted by wandaruth

Crypto better than stocks?

Theyre nice because if you have $100 you can buy that much worth of bitcoin or whatever you choose. Fractional shares. Crypto is very volatile but so far has made a lot of us some good money.

You can do that with stocks too though. I've found Crypto to be much greater returns. And my holdings looks good for the future.

"infrastructure" bill targeting crypto as a whole.

https://www.zerohedge.com/crypto/not...rypto-industry